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50 Central Ave Local commercial 437 m² 100 % Loué À vendre Needham, MA 02494
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Owner-User or Redevelopment Opportunity
- Permitted 18-Unit Residential/Commercial Complex
- Unmatched Highway Access
- Existing 4,700 SF Retail/Office Building
- Strong Needham Demographics
Résumé analytique
Opportunity to acquire 40–50 Central Street in Needham, Massachusetts. The property consists of a 4,700 SF retail/office building situated on a 32,016 SF lot (0.96 acres), offering a rare opportunity for an owner-user, investor, or developer to secure a well-located asset in one of MetroWest Boston’s most desirable suburban markets.
The existing two-story building supports a range of commercial uses while also offering exceptional redevelopment potential. The Town of Needham has approved permits for the construction of an 18-unit mixed-use project (15 residential units—three of which are affordable—and 3 commercial retail units), allowing a buyer to either proceed with an entitled development opportunity or explore alternative strategies aligned with their use.
Alternatively, 40–50 Central Street is well-suited for an owner-user seeking to stop paying rent and control their own real estate. The property can also be configured as a multi-tenant building with ample parking, catering to a wide range of flex and professional uses.
Ideally positioned near Needham Center, the property benefits from excellent access to I-95/Route 128, the Massachusetts Turnpike (I- 90), and public transportation via the Needham Heights Commuter Rail Station. With strong surrounding demographics, limited new multifamily supply, and consistent demand, 40–50 Central Street represents an outstanding opportunity to own, occupy, or redevelop a centrally located property in a highly sought-after suburban submarket West of Boston.
The existing two-story building supports a range of commercial uses while also offering exceptional redevelopment potential. The Town of Needham has approved permits for the construction of an 18-unit mixed-use project (15 residential units—three of which are affordable—and 3 commercial retail units), allowing a buyer to either proceed with an entitled development opportunity or explore alternative strategies aligned with their use.
Alternatively, 40–50 Central Street is well-suited for an owner-user seeking to stop paying rent and control their own real estate. The property can also be configured as a multi-tenant building with ample parking, catering to a wide range of flex and professional uses.
Ideally positioned near Needham Center, the property benefits from excellent access to I-95/Route 128, the Massachusetts Turnpike (I- 90), and public transportation via the Needham Heights Commuter Rail Station. With strong surrounding demographics, limited new multifamily supply, and consistent demand, 40–50 Central Street represents an outstanding opportunity to own, occupy, or redevelop a centrally located property in a highly sought-after suburban submarket West of Boston.
Informations sur l’immeuble
Type de vente
Investissement ou propriétaire occupant
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
437 m²
Classe d’immeuble
C
Année de construction
1965
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
2 étages
Coefficient d’occupation des sols de l’immeuble
0,15
Surface du lot
0,30 ha
Zonage
NB - Neighborhood Business
Stationnement
16 places (36,64 places par 1 000 m² loué)
Façade
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | NEED-000080-000009 | Évaluation des aménagements | 288 199 € |
| Évaluation du terrain | 1 020 689 € | Évaluation totale | 1 308 887 € |
Taxes foncières
Numéro de parcelle
NEED-000080-000009
Évaluation du terrain
1 020 689 €
Évaluation des aménagements
288 199 €
Évaluation totale
1 308 887 €
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Présenté par
50 Central Ave
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